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- President Donald Trump warned apple on Friday That it will pay a 25% tariff of foreign-made products, sending parts over 2%. Apple moves Indian production to get riding in Chinese tariffs, but analysts estimated that making iPhones in the US take years.
The threat of tariffs is returned to the table for Apple while President Donald Trump pushes for further US production, but the economy of making American devices remain challenging.
On Friday morning, Posted by Trump to the fact of the factthat the giant electronics-electronics, moving a lot of production from China to India, should sell US-made products, or if there are US-made duties.
“I’ve been aware of the Tim Cook of Apple that I look forward to their iPhone to sell to the United States of America, not in the United States, not in the United States, not in India,” he wrote. ” “If that’s not the case, a tariff of at least 25% should pay Apple to the US thanks for your attention to this matter!”
Apple parts fall 2.8% to $ 195.76 in Town Trading.
The adjusted tariff of the tariff’s threat comes after trump carving Exceptions to his “Tariffs’ Tsisara” In the last month, including smartphones, and no two weeks after The giving up his tariffs in China up to 30% Between trade negotiation with Beijing.
Apple does not immediately respond to a request for commentary.
Apple promises February to Invest $ 500 billion To make the US over the next four years. That includes a new facility to make Michigan academy server, and more expenditures with existing suppliers, but do not include domestic production on iPhones.
Meanwhile Trump declares the impatience of the company, saying the first of this month he has “A little problem” with CEO Timo cook.
“I said to him, ‘My friend, it’s good to treat you. You come with $ 500 billion, but now I heard the whole India.’ I don’t want you to build India, “he said.
The price tag on the US iPhone
Since Trump has launched his trading war, Wall Street tried to play what was required by a made of America iPhone. It’s not just many years and billions of dollars to build new US plants, price tags give sticker shickers to consumers.
Wedbush Securities Analyst Dan Ives told the last month that Making US iPhones can be a “not starter,” It is estimated that the price will take more than $ 3,000. On Friday, he repeated his view of what it was impractical.
“The pressure from the Apple’s Trump to establish the US iPhone as it is a waste of an increase in an increase in an apple’s concept that produces Uphones in the US is a Fairy Tale.”
Similarly, jpmorgan analysts also hesitate to Apple move to US production and in turn can learn to live with tariffs, useful on smartphones.
In that case, jpmorgan analysts added, Apple marketing price with consumers and suppliers actually gives an advantage to opponents; JPM estimates 5% hike below 25% tariff-or about $ 50 per iPhone-that is in the parking price made by the company before.
In a separate note from April 9, before Trump left his tariffs in China, Bank of America Says Labor Expense Lonely Lonely Price iPhone 16 Pro Max, about $ 1,000, about 25% when the last assembly takes place in the US
That assures smartphone components still importing and perhaps faces of tariffs. At the time, if the high rate is prohibited, the BofA estimates the overall cost of more than 90%.
Switching to the entire chain of the iPhone supply is likely to take many years, if possible, Apple is not expected to move it to the US, Boffa added it.
In spite of the latest threats of Tariff, Wedbush ives expect Apple to find a way to prevent stock repair.
“With Cook 10% politician and 90% CEO (may now be 25% / 75%), we will continue to go to a game of negotiations with the negotiations of a negotiation game,” he wrote this Friday.
This story originally shown Fortune.com
